Tag Archives: $4.8bn

Key Egyptian negotiator with IMF resigned on Sunday, MOF spokesperson denies trouble with FJP as reason for resignation

Key Egyptian negotiator with IMF resigned on Sunday, MOF spokesperson denies trouble with FJP as reason for resignationDeputy Finance Minister’s resignation adds risk to IMF loan

The post Key Egyptian negotiator with IMF resigned on Sunday, MOF spokesperson denies trouble with FJP as reason for resignation appeared first on Daily News Egypt.…

Government amendment package to close budget deficit and amend subsidy laws

Government amendment package to close budget deficit and amend subsidy lawsHalf of revenues collected from real estate taxes to be used to improve slums

The post Government amendment package to close budget deficit and amend subsidy laws appeared first on Daily News Egypt.…

MENA biggest spender on energy subsidies

MENA biggest spender on energy subsidiesIMF report shows Middle East and North Africa governments account for 50% of global energy subsidies bill

The post MENA biggest spender on energy subsidies appeared first on Daily News Egypt.…

Egypt’s Central Bank pumps $600m into Egyptian market in 30 minutes

Egypt’s Central Bank pumps $600m into Egyptian market in 30 minutesMove intended to curb inflation

The post Egypt’s Central Bank pumps $600m into Egyptian market in 30 minutes appeared first on Daily News Egypt.…

Al-Nour Party boycotts recent amendments to tax law

Al-Nour Party boycotts recent amendments to tax law

Salafi party accuses government of withholding information from public regarding pending IMF loan

The post Al-Nour Party boycotts recent amendments to tax law appeared first on Daily News Egypt.…